As we advised last week and as we see over our previous chart
Crude Oil managed to hold trades above support 49.00 where managed to sustain advance toward target 50.40 as we advised before
Market still facing same support at 49.00 zone, where as long as market holding above this zone another advance wave will be expected toward 51.90 zone
Below 49.00 more drop toward 47.50 may hit the market
| Support | Resistance | |
| Level 1 | 49.80 | 50.80 |
| Level 2 | 49.00 | 51.90 |
| Level 3 | 47.50 | 53.00 |
